Apple is in a place on the weekly chart that looks ripe for a short position.
The Stoch RSI is ready to turn downward.
The RSI trend has been met and is starting to turn downward.
Volume is declining.
Price action is making higher lows from the most recent top.
Stoploss at 190.00
T1: 125.25
T2: 107.94
T3: 90.90
Final target for the short is the .618 fib.
NFA
Confluence in many indicators.
Do your own DD.
The Stoch RSI is ready to turn downward.
The RSI trend has been met and is starting to turn downward.
Volume is declining.
Price action is making higher lows from the most recent top.
Stoploss at 190.00
T1: 125.25
T2: 107.94
T3: 90.90
Final target for the short is the .618 fib.
NFA
Confluence in many indicators.
Do your own DD.
Commentaire:
breakout above has invalidated this idea
Trade fermée: ordre d’arrêt atteint
This needs to be edited to "... making lower highs from the recent top..."